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November 2022 | Gate.io Monthly Featured Articles
2022-11-30 08:11:50 UTCRead：5910
✨ September Highlights ✨
🔹 Hong Kong issued the Policy Declaration on the Development of Hong Kong's Virtual Assets.
🔹 Rubic's private key was exploited, resulting in a loss of $1 million.
Please refer to Market Trend｜Rubic Loses $1,000,000 In Private Key Exploit, MATIC Adoption Causing Anticipation For Up To ‘200% Gains’
🔹 The domino effect of FTX crash continues to spread.
Please refer to Disclosure About Alameda and FTX | How Can Users Avoid Risks When Organizations Are in Chaos?
The trust gained by the crypto industry from Wall Street investors and institutions after years of hard work, collapsed this month due to the FTX incident. The bull market boom in the crypto market has become a distant myth. BTC has fallen by approximately 65% year to date. Meanwhile, on the day when FTX was unable to reverse the situation (November 7), BTC fell by approximately 24%. Terra, 3AC, FTX, and other major players in the industry were eliminated due to unstable and unsustainable risk models, and the bleak global macro situation further led investors to stay away from risky assets...For more details, please refer to our blog post：November 2022 | Gate.io Monthly Featured Articles
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November 30
